JAMIE MCCOURT MOVES TO SET ASIDE DODGERS SETTLEMENT WITH FRANK

According to the Los Angeles Times, Jamie McCourt, the former wife of the former owner of the Los Angeles Dodgers, Frank McCourt, plans to set aside the couple’s divorce settlement, claiming Frank vastly understated the value of the team that sold earlier this year for more than $2 billion, the most money ever paid for a pro franchise.

According to Jamie’s attorney, Bert Fields, Jamie “thought” long and hard about whether to do this, but, obviously dollar figures danced in her visions. Frank got about “93 percent of the family assets, and Mrs. McCourt got about 7 percent,” Fields was quoted as saying. “We would’ve much preferred to have this massive imbalance resolved with some modification, but we got no response to that approach. We didn’t want to have more family litigation, but now it’s up to the court.”

The motion that was filed last Monday in Los Angeles Superior Court claims Frank committed fraud by misrepresenting the couple’s Dodgers’ assets as worth less than $300 million during their protracted divorce.

The couple divorced in October 2010. At the time, Jamie settled for $131 million. The motion just filed, claims that after the sale and subtraction of relevant debts, Frank’s assets turned out to be worth $1.7 billion, well over 10 times what Jamie received. The motion further requests that even if Frank’s figures were the result of mistakes rather than fraud, the settlement should be tossed out on the basis of those errors. A hearing on the motion to set aside the divorce settlement was scheduled for November 16th.